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20130105
20130105
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few weeks because we have to deal with the three issues -- debt ceiling, sequester, and continuing resolution. if someone wants to pleau a whistle and say time-out, everybody, let's step back and see what we're doing, all of us would conclude, democrats and republicans, that we have a messy if not broken economic governance system. the major casualty of that is economic growth. ironically, economic growth is what is needed to help what the democrats and republicans favor. it's very frustrating because the more this political brinkmanship and posturing go on, the greater we hinder the potential for the country to grow. >> and some comes from the tax discussion. taxes for the rich got the headlines in this debate but it's not only the rich who who will pay more in 2013. christine romans joins me with more. lots of taxes are going up despite the deal. >> oh, yeah. tacks are rising for the super rich for the first time in 20 years and they'll have company because 77% of americans will pay higher taxes this year. even those making less than $10,000 will pay 68 bucks more in federal taxe
the debt ceiling are expected to get as intense if not worse. the debt ceiling is the legal limit on the nation's borrowing. in his weekly address the president says he is taking a hard line on the issue. >> one thing i will not compromise over is whether or not congress should pay the tab for a bill they've already racked up. if congress refuses to give the united states the ability to pay its bills on time the consequences for the entire global economy could be catastrophic. last time congress threatened this course of action our entire economy suffered for it. our families and our businesses cannot afford that dangerous game again. >>> as you would expect, republicans are also drawing a line despite approving the fiscal cliff compromise. gop lawmakers say it was missing something monumental, long-term spending cuts. here is a clip of their weekly address. >> the simple truth is that we are in this fiscal mess because washington takes too much of your money and then wastes it. that's the real problem. it needs a real solution. we have to make sure washington is accountable for e
confrontations over the debt ceiling are expected to get as intense if not worse. the debt ceiling is the legal limit on the nation's borrowing. in his weekly address, the president says he is taking a hard line on the issue. >> one thing i will not compromise over is whether or not congress should pay the tab for the bill they've already racked up. if congress refuses to give the united states the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic. last time congress threatened this course of action, our entire economy suffered for it. our families and our businesses cannot afford that dangerous game again. >> as you would expect, republicans are also drawing a line despite approving the fiscal cliff compromise. gop lawmakers say it was missing something monumental -- long-term spending cuts. here's a clip of their weekly address. >> the simple truth is that we are in this fiscal mess because washington takes too much of your money and then waists it -- then wastes it. that's the real problem and needs a real solution. we have to make sure wa
that we've seen in the past budget battles and he believes he's got leverage with the debt ceiling. but i think the white house will press on whatever package they agree upon to include some new revenues as well as spending cuts, of course, that is the big issue, republicans would like it to all come from spending cuts. so, it's undoubtedly going to be another knockdown, dragdown fight, alex, but it will be interesting to see who is negotiating with whom in the coming rounds of budget battles. >> i take it you are heading back tonight, you'll be back in washington very soon? >> reporter: very soon. not quite tonight, but very soon, yes. i'm coming back. >> enjoy. >> reporter: leaving the sun and the sand. >> i was going to say, enjoy the weather as long as you can. all right, my friend, thank you, kristen. >> reporter: thanks, alex. >>> joining me now susan page and politics staff writer for "roll call," shira tuplets, wow, couldn't we all be in honolulu. hello to the both of you susan, i'll begin with you here, the president has said no compromise whatsoever on the debt ceiling but repor
:00 tonight. as you pointed out, the next fiscal matter will be debt ceiling republicans for some time now, and have been promising a fight, saying they want those spending cuts in exchange for raising the at the time ceiling. but the president for a number of days now, and certainly in the most recent time here, his weekly address, has said that he is not willing to compromise on this. and will not negotiate. >> one thing i will not compromise over is whether or not congress should pay the tab for a bill they have already racked up. if congress is to give the united states to pay its bills on time, consequences for the entire global economy could be catastrophic. last time congress threatened this course of action, our entire economy suffered for it. our families and our businesses cannot afford that dangerous game again. >> reporter: in addition to that, the president has also promised he wants to tackle immigration reform and gun violence in the wake of the shootings in connecticut. so a lot on the president's plate as he heads back to washington. >> and also think, the cabinet, secreta
revealed the 113th congress is not going to learn the lessons of the 112th, brace yourself for the debt ceiling debacle, part two. >>> john boehner once again holds the speaker's gavel. only in his hands, it is weightless and makes no sound. >> the number one issue is still the economy. >> the new jobs reports shows 155,000 jobs added. >> that is about what was expected. >> things only get worse for john boehner. >> he is getting hit from all sides. >> we're standing here not to be something but to do something. >> if washington was going to do something they had their opening. >> it is a time to rise. >> the next flight, the debt ceiling. >> i think that is frankly a dead loser. >> it is time to rise. >> we really are playing with dynamite with the debt ceiling. >> is the glass full or half empty. >> tax increases destroy jobs. >> we always assume the republicans have the leverage in the debt ceiling negotiations. >> i will not have another debate with this congress. they should pay the bills they have already racked up. >> he is the president. >> class a statesmanship. >> it is the ti
face big questions on spending and another so-called crisis moment with the next debt ceiling vote. let's start with the debt ceiling. president says he's not going to negotiate. so how far will house republicans push on this vote to try to leverage spending cuts? >> i think they're going push pretty far. you know, as the conservative "wall street journal" editorialized yesterday, "the wall street journal" giving house with republicans some advice, they said don't take a hostage you aren't prepared to shoot. and i think that that's the view among a lot of republicans in the house that they're not going to take this hostage, the debt ceiling, unless they're prepared to hit it. and remember last time we went through this, there were quite a few republicans who actually argued that it would be okay to hit the debt ceiling, that it wouldn't be as catastrophic as the white house and the treasury department and most economists believe. so i think it's -- i think it's very real, and when you have a senator like john cornyn threatening to shut the government down, we're in for a pretty serious
to start scaling it back. i don't want to come across, because i said i don't think the debt ceiling should be a hostage, as being unconcerned about this issue. in fact, i am a hawk on this issue. i'm a simpson-bowles kind of guy. we have to address this. i'm just not sure the debt ceiling is the poor police, because if you are playing russian roulette with the u.s. and perhaps the world economy. i understand the frustration of people who say if we don't do that, how are we going to do its? there's gotta be some outside pressure involved in making -- forcing these changes. steve, what happened last weekend with this fiscal cliff and the bill that passed, it was fine, but it, but -- it is a tiny piece of the solution. it did not do much. when happened this past weekend was the easy part. the hard part is going to be serious spending cuts and perhaps some additional revenue, not from raising rates but from rebuilding the tax code in a more fair and rational way and bringing the debt down. host: we have been going through a number of opinion pieces along those lines. this is what paul krugman
hill confrontations over the debt skeeling are expected to get as intense if really not worse. the debt ceiling is the legal limit on the nation's borrowing. in his weekly address, the president says that he is taking a hard line on the issue. listen. >> one thing i will not compromise over is whether or not congress should pay the tab for a bill they've already racked up. if they refuse to give the united states the ability to pay their bills on time, the consequences for the entire global economy could be catastrophic. the last time congress threatened this action, our entire economy suffered for it. our families and our businesses cannot afford that dangerous game again. >> as you would expect, republicans are also drawing a line despite approving the fiscal cliff compromise it, gop lawmakers say the deal was missing long-term spending cuts. >> the simple truth is that we are in this fiscal mess because washington takes too much of your money and then wastes it. that's the real problem. and it needs a real solution. we have to make sure washington is accountable for every tax dollar
of the debt ceiling we are going to approach here in a couple of months. it is going to be interesting to see what happens in congress. but it is really silly to argue over that issue because this is money that has already been appropriated and spent. they can control what they spend going forward, there's also going to be a battle over continued funding of the government in march and on the short term i'm pessimistic. but i agree with the caller from florida about we need to create jobs with good pay and benefits. from what i have read i understand that 60% of the jobs that are being created are not even subsistence type wages. so, from the little bit of economics that i know, countries that prefer cheap goods have cheap labor and basically it gets dragged down to the point where the imports come from countries like germany, which have high labor and high costs of goods are the ones that have a sustained economy. host: that is john from louisville, kentucky, on the democrats lane. "philadelphia inquirer" and other stories talk about the house vote on the $9.7 billion approved for flood insur
Search Results 0 to 9 of about 10